SFL Financial Statements From 2010 to 2024

SFL Stock  USD 10.52  0.02  0.19%   
SFL financial statements provide useful quarterly and yearly information to potential SFL Corporation investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on SFL financial statements helps investors assess SFL's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting SFL's valuation are summarized below:
Gross Profit
459.4 M
Profit Margin
0.1619
Market Capitalization
1.4 B
Enterprise Value Revenue
4.8963
Revenue
876.1 M
There are over one hundred nineteen available fundamental trend indicators for SFL Corporation, which can be analyzed over time and compared to other ratios. We recommend to double-check SFL's current fundamental drivers against the all of the trends between 2010 and 2024. The value of Market Cap is estimated to slide to about 1.1 B. The Enterprise Value is projected to slide to about 2.5 B

SFL Total Revenue

486.5 Million

Check SFL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SFL's main balance sheet or income statement drivers, such as Depreciation And Amortization of 224.8 M, Interest Expense of 173.2 M or Total Revenue of 486.5 M, as well as many indicators such as Price To Sales Ratio of 3.38, Dividend Yield of 0.08 or PTB Ratio of 1.69. SFL financial statements analysis is a perfect complement when working with SFL Valuation or Volatility modules.
  
Check out the analysis of SFL Correlation against competitors.

SFL Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.3 B3.7 B3.2 B
Slightly volatile
Total Stockholder Equity969.5 MBB
Pretty Stable
Property Plant And Equipment Net1.9 B3.2 B2.3 B
Slightly volatile
Cash103.9 M165.5 M120.4 M
Slightly volatile
Non Current Assets TotalB3.4 B2.9 B
Slightly volatile
Cash And Short Term Investments160.1 M191.2 M181.7 M
Slightly volatile
Common Stock Shares Outstanding100.5 M126.6 M102.1 M
Slightly volatile
Liabilities And Stockholders Equity3.3 B3.7 B3.2 B
Slightly volatile
Other Stockholder Equity899.9 MB922.5 M
Slightly volatile
Total Liabilities2.3 B2.7 B2.2 B
Slightly volatile
Property Plant And Equipment Gross4.4 B4.2 B2.6 B
Slightly volatile
Total Current Assets297.2 M298.1 M291.3 M
Slightly volatile
Short and Long Term Debt Total2.2 B2.6 B2.1 B
Slightly volatile
Other Current Liabilities90.9 M86.6 M44.3 M
Slightly volatile
Total Current LiabilitiesB969.2 M486.2 M
Slightly volatile
Other Liabilities8.8 M9.3 M87.3 M
Slightly volatile
Current Deferred Revenue54.1 K57 K9.5 M
Very volatile
Accounts Payable31.8 M30.3 M6.3 M
Slightly volatile
Long Term Debt1.2 B1.7 B1.4 B
Very volatile
Net Receivables48.5 M74 M45 M
Very volatile
Non Current Liabilities Total1.9 B1.7 B1.7 B
Slightly volatile
Inventory9.3 M11.7 M8.4 M
Pretty Stable
Other Current Assets16.3 M17.2 M61.7 M
Slightly volatile
Short Term Debt894.9 M852.3 M430.4 M
Slightly volatile
Property Plant Equipment4.1 B3.9 B2.2 B
Slightly volatile
Short Term Investments24.5 M25.7 M102.4 M
Slightly volatile
Common Stock1.2 M1.2 M85.2 M
Slightly volatile
Common Stock Total Equity1.1 M1.2 M35.3 M
Slightly volatile
Deferred Long Term Liabilities31.4 M33.3 M37.5 M
Slightly volatile
Long Term Investments15.6 M16.5 M210.8 M
Pretty Stable
Short and Long Term Debt388.4 M432.9 M741.8 M
Slightly volatile
Net Tangible Assets878.2 M982.1 M1.1 B
Slightly volatile
Long Term Debt Total1.9 BB1.7 B
Slightly volatile
Capital Surpluse1.1 B1.2 BB
Slightly volatile
Capital Lease Obligations636.6 M419.3 M400.1 M
Slightly volatile
Non Current Liabilities Other3.8 KK4.3 M
Slightly volatile
Cash And Equivalents184.8 M216.6 M130.1 M
Slightly volatile
Net Invested CapitalB3.2 B2.6 B
Slightly volatile
Capital Stock1.4 M1.6 M1.3 M
Slightly volatile

SFL Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue486.5 M744.3 M444.2 M
Slightly volatile
Gross Profit210.2 M236.5 M214 M
Pretty Stable
Other Operating Expenses280 M504.1 M258.4 M
Slightly volatile
Operating Income177.3 M240.2 M188.9 M
Slightly volatile
EBITDA298.8 M468.3 M293.9 M
Slightly volatile
Total Operating Expenses14.4 M15.1 M30.1 M
Slightly volatile
Extraordinary Items19.6 M22 M24 M
Slightly volatile
Income Tax Expense3.2 M3.3 M65.7 M
Very volatile
Cost Of Revenue533.2 M507.8 M262.8 M
Slightly volatile
Selling General Administrative10.1 M15.6 M9.7 M
Slightly volatile
Non Recurring4.5 M4.8 M9.9 M
Slightly volatile
Interest Income26.1 M17.4 M40.3 M
Slightly volatile
Reconciled Depreciation154.6 M214.1 M117 M
Slightly volatile
Selling And Marketing Expenses366.4 K412.2 K448.8 K
Slightly volatile

SFL Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities243.5 M343.1 M230.6 M
Slightly volatile
End Period Cash Flow104.2 M165.5 M120.9 M
Slightly volatile
Begin Period Cash Flow101.4 M188.4 M116.5 M
Slightly volatile
Depreciation224.8 M214.1 M118.9 M
Slightly volatile
Dividends Paid142.6 M123 M130.8 M
Very volatile
Stock Based Compensation983 K1.6 M800.9 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.381.91333.038
Slightly volatile
Dividend Yield0.080.08640.1053
Pretty Stable
PTB Ratio1.691.37011.239
Very volatile
Days Sales Outstanding42.2436.282539.2501
Pretty Stable
Book Value Per Share7.838.232910.3017
Slightly volatile
Operating Cash Flow Per Share2.752.71762.3199
Pretty Stable
Stock Based Compensation To Revenue0.00220.00240.0018
Pretty Stable
Capex To Depreciation1.171.23523.168
Pretty Stable
PB Ratio1.691.37011.239
Very volatile
EV To Sales5.945.13857.2664
Pretty Stable
Inventory Turnover41.1343.299635.8157
Pretty Stable
Days Of Inventory On Hand8.018.429611.5788
Pretty Stable
Payables Turnover15.9416.7824129
Very volatile
Sales General And Administrative To Revenue0.02520.02090.0237
Slightly volatile
Capex To Revenue0.580.35520.7851
Very volatile
Cash Per Share1.331.51481.8438
Pretty Stable
POCF Ratio7.354.15086.4159
Slightly volatile
Interest Coverage2.261.45652.0408
Very volatile
Capex To Operating Cash Flow1.210.77071.6564
Pretty Stable
Days Payables Outstanding22.8421.7496.3125
Slightly volatile
EV To Operating Cash Flow17.8211.147815.6056
Pretty Stable
Current Ratio0.290.30750.8422
Slightly volatile
Tangible Book Value Per Share7.838.232910.3017
Slightly volatile
Receivables Turnover9.5610.0616.8375
Pretty Stable
Graham Number21.311.097717.9679
Slightly volatile
Shareholders Equity Per Share7.838.232910.3017
Slightly volatile
Debt To Equity2.452.06541.8341
Very volatile
Capex Per Share2.612.09443.2938
Very volatile
Revenue Per Share5.525.89574.468
Slightly volatile
Interest Debt Per Share23.8618.310319.118
Slightly volatile
Debt To Assets0.670.57530.5619
Slightly volatile
Enterprise Value Over EBITDA13.218.166620.1708
Pretty Stable
Short Term Coverage Ratios1.00.79250.7572
Pretty Stable
Operating Cycle73.2744.712151.4576
Pretty Stable
Price Book Value Ratio1.691.37011.239
Very volatile
Days Of Payables Outstanding22.8421.7496.3125
Slightly volatile
Price To Operating Cash Flows Ratio7.354.15086.4159
Slightly volatile
Operating Profit Margin0.560.32270.4495
Slightly volatile
Company Equity Multiplier3.933.593.239
Slightly volatile
Long Term Debt To Capitalization0.680.62250.5842
Very volatile
Total Debt To Capitalization0.740.67380.6381
Very volatile
Return On Capital Employed0.09810.0870.0713
Pretty Stable
Debt Equity Ratio2.452.06541.8341
Very volatile
Ebit Per Revenue0.560.32270.4495
Slightly volatile
Quick Ratio0.280.29540.8237
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.740.88560.6025
Slightly volatile
Cash Ratio0.230.17080.3094
Very volatile
Cash Conversion Cycle21.8122.963143.2371
Pretty Stable
Operating Cash Flow Sales Ratio0.390.46090.5067
Very volatile
Days Of Inventory Outstanding8.018.429611.5788
Pretty Stable
Days Of Sales Outstanding42.2436.282539.2501
Pretty Stable
Cash Flow Coverage Ratios0.0960.15980.1209
Slightly volatile
Price To Book Ratio1.691.37011.239
Very volatile
Fixed Asset Turnover0.220.23040.1969
Very volatile
Capital Expenditure Coverage Ratio2.441.29751.3807
Slightly volatile
Price Cash Flow Ratio7.354.15086.4159
Slightly volatile
Enterprise Value Multiple13.218.166620.1708
Pretty Stable
Debt Ratio0.670.57530.5619
Slightly volatile
Cash Flow To Debt Ratio0.0960.15980.1209
Slightly volatile
Price Sales Ratio3.381.91333.038
Slightly volatile
Asset Turnover0.170.19950.1417
Pretty Stable
Gross Profit Margin0.630.31770.4827
Slightly volatile
Price Fair Value1.691.37011.239
Very volatile

SFL Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B1.3 B1.3 B
Pretty Stable
Enterprise Value2.5 B3.4 B3.2 B
Slightly volatile

SFL Fundamental Market Drivers

Forward Price Earnings11.9474
Cash And Short Term Investments191.2 M

SFL Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About SFL Financial Statements

SFL investors utilize fundamental indicators, such as revenue or net income, to predict how SFL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue57 K54.1 K
Total Revenue744.3 M486.5 M
Cost Of Revenue507.8 M533.2 M
Sales General And Administrative To Revenue 0.02  0.03 
Capex To Revenue 0.36  0.58 
Revenue Per Share 5.90  5.52 
Ebit Per Revenue 0.32  0.56 

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When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out the analysis of SFL Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SFL. If investors know SFL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SFL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.45
Dividend Share
1.07
Earnings Share
1
Revenue Per Share
6.881
Quarterly Revenue Growth
0.246
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SFL's market value can be influenced by many factors that don't directly affect SFL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.